Denel Aerospace Systems Selects PTC Windchill(R) Through
Distributor productONE
8 Nov 2005
Strategic Product Development System Addresses
Globalization Challenges for Leading South African A&D Manufacturer
NEEDHAM, Mass.--(BUSINESS WIRE)--Nov. 8, 2005-- PTC (Nasdaq:
PMTC), the Product Development Company(TM) today announced that Denel Aerospace
Systems (DAS) has selected PTC Windchill solutions to improve its product
development processes. productONE, the sub-Saharan Africa distributor of PTC
Windchill and Pro/ENGINEER(R) solutions has executed this significant regional
software and services transaction with a total value exceeding $1 million USD.
The sale attests to the strength and sophistication of PTC's channel partners
in supporting the PTC Product Development System (PDS). DAS has selected PTC's
product lifecycle management (PLM) solutions Windchill PDMLink(TM) and
Windchill ProjectLink(TM) for data management and collaboration. The software
was shipped in the second quarter of fiscal 2005, ended April 2, 2005.
DAS, a division of Denel, specializes in systems development
for the Rooivalk combat helicopter, missile and guided weapons systems,
unmanned aerial vehicles (UAVs) and ground-based air defense systems (GBADS).
DAS began evaluating PLM solutions in response to increasing pressure to
improve cycle times and to become more competitive in executing its pipeline of
programs in the global military and aerospace markets.
PTC Pro/ENGINEER software has been used as DAS's core design
software to develop a range of military-focused products, including missiles
and unmanned air vehicles. The deployment of the Windchill solutions will
complete DAS's product development system, providing advanced collaboration
ability for its geographically dispersed teams and strengthening its
capabilities to manage product information and product development processes
throughout the program lifecycle.
"PTC Windchill will allow DAS to collaborate in
real-time on all aspects of the product development process internally, as well
as externally with worldwide partners and suppliers, while also improving our
process efficiencies," said Malcolm Blunden, group manager engineering
services at DAS. "We expect to improve our design speeds and
time-to-market by as much as 30% within the next two years by having a full
product development system. The ability to deliver our products better and
faster will increase our competitive advantage."
"Adoption of Windchill was a logical step for DAS in
meeting their evolving globalization needs," said Dayne Turbitt, managing
director, productONE. "The integral capabilities of Windchill enable DAS
to leverage their existing Pro/ENGINEER implementation to create an advanced
product development system."
"PTC solutions are ideal for aerospace and defense
manufacturers that have to integrate design capabilities with product
collaboration and data management in a distributed environment. We are very
excited that South Africa's largest aerospace and defense manufacturer has
selected our solutions to help address these challenges," said Berry
Gibson, director aerospace and defense marketing and strategy, PTC. "Denel
is highly respected in their industry, and we are looking forward to working
with them and productONE to form a world-class product development
system."
About productONE
productONE is the exclusive sub-Saharan Africa distributor
of Nasdaq-listed PTC, the developers of the Pro/ENGINEER suite of software.
productONE boasts two key resellers: Automated Reasoning (Gauteng and Western
Cape) and CaddMan Coastal (KwaZulu Natal and Eastern Cape). Local clients
include Denel, Bell Equipment, Jetmaster, Spoornet, Bozal, Nissan Motorsport,
the University of Cape Town and Stellenbosch University.
About PTC Solutions for Aerospace and Defense
PTC provides product lifecycle management solutions designed
to meet the requirements of the global aerospace and defense industry. These
solutions enable digital automation of product development and program
management processes, as well as complete visibility and control over program
information for secure, collaborative product development. PTC is an industry
leader with 18 of the top 20 A&D companies as customers.
About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle
management (PLM), content management and dynamic publishing solutions to more
than 40,000 companies worldwide. PTC customers include the world's most
innovative companies in manufacturing, publishing, services, government and
life sciences industries. PTC is included in the S&P 500 and Russell 2000
indices. For more information on PTC, please visit http://www.ptc.com.
Except for the historical information contained herein,
matters discussed in this news release may constitute forward-looking
statements that involve risks and uncertainties that could cause actual results
to differ materially from those projected. These risks and uncertainties
include PTC's ability to anticipate and adequately respond to evolving customer
requirements and successfully develop, integrate and support the technology necessary
to deliver products and services that suitable for aerospace and defense
customers, to successfully work across a diversified and expanded user base to
deliver, integrate and support products and services that meet those
requirements in heterogeneous environments, and to successfully work with third
parties to develop, integrate and support technologies that will enable PTC to
continue to offer competitive products together with such other risks and
uncertainties as are detailed from time to time in reports filed by PTC with
the Securities and Exchange Commission, including PTC's most recent reports on
Form 10-K and 10-Q. The announcement of any particular selection of PTC
software is not necessarily indicative of the timing of recognition of revenue therefrom
or the level of revenue for any particular period.
Contacts
PTC
Nicole Rowe, 781.370.6369
nrowe@ptc.com
or
Weber Shandwick
Amanda Keane, 617.520.7260
akeane@webershandwick.com
